Nath Industries Ltd

₹ 66.0 -2.08%
07 Dec - close price
About

Nath Industries Limited (formerly known as Rama Pulp and Papers Limited) was incorporated in 1975. The company is engaged in the business of manufacturing industrial paper, speciality papers and industrial chemicals. [1]

Key Points

Products
The Co has 3 units – Rama Paper, Nath Paper and Nath Chemicals. It mainly manufactures and sells paper products like Absorbent Kraft, Carbon Base, Poster, Napkin grade tissue, Gift Wrapping Tissue, etc. The Co. is also engaged in the manufacturing of Sulpher based chemicals such as Sulphuric acid, Sulpher dioxide and Sulpher trioxide. [1]

  • Market Cap 125 Cr.
  • Current Price 66.0
  • High / Low 107 / 57.0
  • Stock P/E 11.0
  • Book Value 128
  • Dividend Yield 0.00 %
  • ROCE 7.00 %
  • ROE 6.99 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.52 times its book value
  • Company has delivered good profit growth of 61.4% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 8.05% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Paper Industry: Paper

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
30.70 71.32 75.68 38.33 66.90 88.99 97.49 105.00 96.95 105.79 112.94 122.14 113.09
28.53 65.75 67.82 36.28 62.98 76.36 86.59 94.35 94.10 99.53 107.73 116.08 111.29
Operating Profit 2.17 5.57 7.86 2.05 3.92 12.63 10.90 10.65 2.85 6.26 5.21 6.06 1.80
OPM % 7.07% 7.81% 10.39% 5.35% 5.86% 14.19% 11.18% 10.14% 2.94% 5.92% 4.61% 4.96% 1.59%
0.01 0.59 0.62 0.04 1.31 0.13 0.21 0.62 0.42 1.30 0.15 0.09 0.12
Interest 0.26 1.11 1.00 0.83 0.84 0.69 0.76 1.02 1.11 1.47 0.83 1.34 1.42
Depreciation 0.63 1.92 1.26 1.55 1.54 1.61 1.74 1.61 1.61 1.70 1.83 1.77 1.77
Profit before tax 1.29 3.13 6.22 -0.29 2.85 10.46 8.61 8.64 0.55 4.39 2.70 3.04 -1.27
Tax % 15.50% -0.00% 8.36% -0.00% 15.09% 29.64% 33.45% 29.05% 29.09% -73.35% 7.04% 29.28% 29.13%
Net Profit 1.09 3.13 5.70 -0.29 2.43 7.36 5.73 6.12 0.39 7.62 2.51 2.16 -0.90
EPS in Rs 0.99 1.65 3.00 -0.15 1.28 3.87 3.02 3.22 0.21 4.01 1.32 1.14 -0.47
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
65 69 68 82 91 86 105 115 133 290 283 412 454
61 64 62 75 86 81 100 108 124 263 253 386 435
Operating Profit 5 5 6 6 5 5 6 7 9 28 30 26 19
OPM % 7% 8% 8% 7% 6% 6% 5% 6% 7% 10% 11% 6% 4%
0 0 0 0 0 0 0 0 0 2 2 2 2
Interest 0 1 1 1 1 1 1 1 2 5 3 5 5
Depreciation 1 1 1 1 1 1 2 2 3 6 6 7 7
Profit before tax 4 4 4 4 3 4 3 4 4 19 22 16 9
Tax % 17% 32% 24% 36% 23% 37% 45% 37% 13% 3% 30% -2%
Net Profit 3 3 3 3 3 2 2 2 4 18 15 17 11
EPS in Rs 2.79 2.30 2.61 2.34 2.34 2.03 1.37 2.24 3.44 9.58 8.02 8.76 6.00
Dividend Payout % 18% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 20%
5 Years: 31%
3 Years: 46%
TTM: 17%
Compounded Profit Growth
10 Years: 21%
5 Years: 61%
3 Years: 64%
TTM: -42%
Stock Price CAGR
10 Years: 23%
5 Years: 13%
3 Years: 5%
1 Year: -19%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 8%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
11 11 11 11 11 11 11 11 11 19 19 19 19
Reserves 23 26 28 30 31 33 53 58 70 194 211 225 224
4 5 7 8 5 6 7 11 22 66 50 76 61
5 4 6 9 9 8 26 20 17 65 71 72 107
Total Liabilities 43 46 51 58 55 58 97 99 119 345 351 392 411
15 14 15 16 15 15 47 48 54 205 202 206 204
CWIP 0 0 -0 0 1 1 0 1 0 1 1 5 23
Investments -0 -0 -0 0 0 0 1 4 5 2 -0 11 8
28 31 36 41 39 41 49 47 60 137 147 170 175
Total Assets 43 46 51 58 55 58 97 99 119 345 351 392 411

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-3 -2 1 4 6 1 1 2 7 17 18 10
-2 -1 -2 -4 -2 -2 -3 -4 -16 -2 1 -33
5 -0 1 -0 -3 -0 3 2 9 -12 -19 21
Net Cash Flow 1 -4 -0 0 1 -1 -0 -0 -0 2 0 -2

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 68 72 84 72 57 53 52 50 56 57 70 56
Inventory Days 29 36 44 54 43 50 64 51 43 63 73 55
Days Payable 16 22 27 34 23 21 38 15 33 46 55 34
Cash Conversion Cycle 81 86 101 92 77 83 78 86 66 73 88 77
Working Capital Days 87 97 99 87 68 70 65 69 60 63 78 70
ROCE % 11% 11% 11% 11% 9% 9% 6% 6% 7% 12% 9% 7%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
73.74 73.74 73.74 73.74 73.74 73.74 73.74 73.74 73.74 73.74 73.74 73.75
0.34 0.34 0.34 0.34 0.34 0.34 0.34 0.34 0.34 0.34 0.21 0.22
25.91 25.91 25.91 25.91 25.91 25.91 25.91 25.91 25.91 25.91 26.04 26.04

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents